Palantir Technologies shares are trading lower after Monness, Crespi, And Hardt downgraded the stock from Neutral to Sell.
Portfolio Pulse from Benzinga Newsdesk
Palantir Technologies' stock (PLTR) is trading lower following a downgrade from Neutral to Sell by Monness, Crespi, And Hardt.
March 28, 2024 | 2:21 pm
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Palantir Technologies' shares are trading lower due to a downgrade by Monness, Crespi, And Hardt from Neutral to Sell.
The downgrade by a notable analyst firm like Monness, Crespi, And Hardt can significantly impact investor sentiment and stock price. Given the move from a neutral stance directly to a sell recommendation, it suggests a bearish outlook on the company's short-term prospects, likely leading to a decrease in stock price.
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IMPORTANCE 90
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